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  "documentTitle": "Astra Space, Inc. (ASTR)",
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  "presentationDate": "2021-12-01 00:00:00",
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      "text": "Conversations with an individual familiar with Astra’s rocket design and manufacturing suggest investors may have to endure an uncomfortably high rate of failure as the company ramps to a targeted monthly launch cadence in 2022.",
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      "text": "The stakes are now substantially higher. Astra is trying to develop reliability of a cheap rocket, built without any redundancies, under the scrutiny of public markets to which it needs continued access.",
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      "text": "Conversations with an individual familiar with Astra's rocket design and manufacturing suggest investors may have to endure an uncomfortably high rate of failure... CEO Chris Kemp has said an 80% success rate is a level Astra internally deems acceptable.",
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      "text": "I'm personally worried about the reliability issues Astra will face...I'm not sure customers will be happy with losing half of their payloads...honestly, not sure how the market will take it when rockets keep failing and I believe they will.",
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      "text": "I’m personally worried about the reliability issues Astra will face...every single component on Astra’s rocket is cheap. And they are rigorous about testing and they test really hard, and they do everything they can, but still, they don’t have the redundancies that other rocket companies have...I’m not sure customers will be happy with losing half of their payloads...Kemp insists that because it’s a cheap rocket, the customers will have cheap payloads...so the companies will be ok to make two, and launch one / lose one, because it’s a lot cheaper than any other access to space...honestly, not sure how the market will take it when rockets keep failing and I believe they will. — Industry professional with knowledge of Astra rocket development",
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      "text": "Ignoring Reliability Issues is a Risky Game",
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